FACTORIES MOVE ABROAD, AS DOES U.S. POWER
by V.K. Durham
8/17/03
----- Original Message -----
From: V.K. DURHAM
To: U.S. Congressman Steve King ; U.S. Congressman Ron Paul
Cc: Katherin
Sent: Sunday, August 17, 2003 7:27 AM
Subject: Factories Move Abroad, as Does U.S. Power
Congressmen. The Congress of the United States, by Constitution has "three things" assigned to it for "management" by the Sovereign Civil Government of the United States i.e., 1. Pay the National War Debts 2. Provide for a Common Defense, and 3. General Welfare.
The General Welfare Clause was intended to "Protect American Manufacturers, American Industry, American Producers of Product from the more experienced European Manufacturers and Producers, who could manufacture product and ship it into the United States at (a) Lesser Quality and (b) Lesser Price which, if allowed would DISCOURAGE THE AMERICAN MANUFACTURER & PRODUCERS FROM "PRODUCING PRODUCT, GOODS AND SERVICES" which, would "Cause Economic Collapse of the United States."
Recently, we had this Power Failure. Why did we have the Power Failure? Energy companies, instead of putting the profits back into the needed infra structure, took the "profits" as did Illinois Power Co. Executives, and put the profits into Grand Cayman Accounts. This was covered up when Dynegy and Illinova-Illinois Power Merged. However, Documents exist proving what is being said.
Congressman King, you know when "I" say something, it can be backed up by Documentation "Big Time." I'm 67, and dont have the time for "foolishness."
Let us now go back to those three things "Assigned for Congressional Duties" by the Civil Government of the United States. Number "3" was covered, but let us take a look at;
"Number 1." Payment of War Debts. We have been paying for WWI & WWII for too dammed long.
The DEBT(s) were GOLD DEBTS. Since the FED.R. decided to take the U.S. off the Constitutional Mandatory "MONEY" (Gold & Silver) System; It created a CONSTITUTIONAL DISABILITY upon the American People by UNCONSCIONABLE ACTS of creating IMPOSSIBILITY OF PAYMENT OF DEBT with worthless "monopoly money" which is "backed only by (a) goods and services of the american people and (b) common usage" (per Russell Munk, Senior International Counsel, U.S. Dept. of the Treasury, in writing (1984) which is allegedly owed to the private Corporations of Federal Reserve Banking System(s) of England.
Congressmen. The only way, the U.S. National Debt could have been paid, was in "Gold Coin, Gold Bullion, or Gold Collateral" which is the equivalent, as it is tradeable, marketable, bankable in the International Communities of Nations.
Congressmen. THE $6.5 TRILLION DOLLAR U.S. NATIONAL DEBT was paid in JUNE, 2003 BY THIS TRUST.
The Trust, Congressmen; Paid the National DEBT of the United States by what is internationally accepted as "DEBT SWAP-DEBT CONVERSION" Payment. We as the CORPORATE CREDITOR of the CORPORATE DEBTOR i.e., The Fed. R. Systems, PAID the alleged U.S. Debt by "Reduction of Debt Owed to the Creditor Corporation i.e., the Trust."
Congressman King, you were shown the "Perfected Sovereign Debt Title Instruments on the old Sovereign Debt Instruments" when we visited your Odebolt Office.
You will also find these filed of record here in Ida County Court House, or you can call Jim Clausen to verify.
The Purpose and Intent of the Trust(s), Congressmen; "Jobs, Industry, Manufacturing, Housing, Health Care, Education, Hospitals, Farms, Energy, Research and Development, and for other purposes." All of which are sorely needed if this nation is going to "stand."
Congressmen. This Trust, has held the Planned, Pre-scheduled "Bankruptcy" aka Foreclosure on the U.S., at bay since on or about Feb. 10th, 2003, by noticing the International Banking Community and Senate Banking Committee Chairman, Charles E. Grassley [quote] "The Outstanding, Primary Creditor of the United States, and All Debtor Nations owing to the U.S. MUST BE PAID, IN FULL THE AMOUNT OF 206,858,581,465,280,000,000.00 (Two hundred and six Quintillion, Eight hundred and fifty eight Quadrillion, Five hundred and
eighty one Trillion, Four hundred and sixty five Billion, Two hundred and eighty Million dollars GOLD, due and payable to the COMMODITY CONTRACT HOLDER-BEARER (IN FULL FORCE AND EFFECT "UNTIL PAID" WITH RIGHTS TO MORTGAGE UNTIL PAID") owed to this Trust whereas the medium of payment is Granted, Enumerated and Stipulated (by Legislative Acts) to be in "American Gold Dollars, Gold Coin, Gold Bullion (Commodity) as calculated from May 1, 1875 to May 1, 1990 (Remainder Years outstanding also) OWED TO THE "CORPORATE CREDITOR."
Recently, a $100 Trillion Dollar Lawsuit was filed against the Saudi's recently "exposed"
http://groups.yahoo.com/group/RUMORMILLNEWS/message9594 and
http://www.startribune.com/stories/843/3174944.html which you will find "very interesting."
Congressmen. The People of the United States and this American Continent, including the Allies of the United States; NEED THE ASSISTANCE OF THIS TRUST. This TRUST, requires the assistance of CONGRESS in order to "salvage what is left of the Union of the Republics of the United States of America."
Please respond.
V.K. Durham, CEO-Signatory
PO Box 113
Ida Grove, Iowa 51445
Tel: 712-364-3830 email vkdtdht@.....
The New York Times Company
August 17, 2003
ECONOMIC VIEW
Factories Move Abroad, as Does U.S. Power
By LOUIS UCHITELLE
MANUFACTURING is slowly disappearing in the United States. That does not mean we should rush to preserve the remaining factories as historic landmarks. America will still be a manufacturing power in our grandchildren's lifetime, but that status is gradually eroding.
Why does this matter? Well, the essence of a great world power is its edge in producing not services but manufactured products that other people want Boeing's airliners, for example, Intel's semiconductors and Caterpillar's earth-moving equipment. To the extent this output passes to foreign manufacturers, or even to Americans operating abroad, we lose the means to buy what we, in turn, want from others.
More than half of the manufactured goods that Americans buy are made abroad, up from 31 percent in 1987. If we continue on our path of ceasing to make merchandise that others want to buy from us, the danger is that these imports will be unaffordable for our descendants.
For that to happen, "you have to assume that manufacturing will continue to disappear," said David Heuther, chief economist at the National Association of Manufacturers. He does not make that assumption himself. He contends that America's high-tech advantage and its ingenuity will sustain the nations manufacturing base.
Maybe. Right now, however, the exodus continues, at a stepped-up pace, government data show. The proportion of the work force employed in manufacturing has fallen to 11 percent from 30 percent in the mid-1960's. Two of the 19 percentage points disappeared in just the last 28 months. On another level, manufacturing's share of real gross domestic product representing all the goods and services produced in the United States has edged down, even including in the count the output of foreign manufacturers operating here. The share of real G.D.P. has dropped to between 16 and 17 percent, from 18 to 19 percent in the 1950's.
Given manufacturing's importance in maintaining our status as a world power, the downward trends are alarming. The public, nevertheless, focuses only occasionally on the dismantling. It does so when lots of people are suddenly hurt, as they were in the early 1980's, when an onslaught of high-quality foreign imports coincided with a severe recession. The combination forced plant closings and layoffs on a scale not experienced since the Depression.
"Rust belt" and "deindustrialization" were coined in the bitter debate that surrounded that frightening national experience. Those were the years when wage inequality became too persistent to ignore. Blame fell partly on the destruction of factory jobs, and the relatively high wages earned by those workers.
Two decades later, the shrinking manufacturing sector is again a source of public agitation, this time because so many American manufacturers are decamping to China and India, where they employ increasingly skilled but inexpensive workers to make merchandise that is then shipped back to the United States, swelling imports and subtracting jobs at home.
What's to be done? Many economists bank on the marketplace for a solution. They note that the growing volume of imported merchandise would not be possible without loans from abroad to buy these goods. As this debt balloons, foreigners will lose confidence in the United States as a place to put their money, these economists reason. As foreigners retreat, their demand for dollars to lend to America will drop off, and so will the dollar's value.
THAT will make imported manufactured goods prohibitively expensive, while merchandise exported from the United States will fall in price, when sold in yen or euros. Responding to this price incentive, manufacturers will rebuild in America, says George A. Akerlof, a Nobel laureate who is an economist at the University of California at Berkeley. "Manufacturing has to come back," he said. No other sector is likely to be as responsive to dollar devaluation.
For Mr. Akerlof, retooling is the easy part. Other experts disagree. Too many products are no longer manufactured here, they argue, and the skill to make them has disappeared. Resurrecting that skill is difficult. Dollar devaluation does not easily overcome that barrier. Nor does it easily woo back American companies that have invested huge sums in large, modern facilities abroad. Getting them to abandon those facilities and rebuild in the United States might require an outsized 60 percent devaluation of the dollar as an incentive, says Daniel Luria, an economist at the Michigan Manufacturing Technology Center in Plymouth.
The fallout would be painful. The Nissan Maxima, made in Japan, that I bought in 2000 for $25,000 would cost at least $40,000 to replace. That's over my head.
Copyright 2003 The New York Times Company
THE TRUTH WILL SET YOU FREE; AND MAKE THOSE OTHERWISE PRE-DISPOSED "MAD AS HELL."
V.K. Durham,
CEO-Signatory
PO Box 113
Ida Grove, Iowa 51445 U.S.A.
Telephone (712) 364-3830
www.theantechamber.net
2003